SuperCom Ltd. - 500 Beiträge pro Seite

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Profile:SuperCom Ltd. is a leading smart-card and eID (electronic ID) technology integrator and solutions provider offering standard and customized secured access solutions for the governmental and commercial markets. The Company develops, manufacturers and sells innovative smart card solutions, and advanced identification technologies, complimented by authentication technologies. Some of the Company’s applications and solutions include e-passports, visas and other border entry documents, national identification and military, police and commercial access identification.
SuperCom, founded in 1988, started trading in Europe on the Euronext Brussels Stock Exchange in 1999, and on Nasdaq Over-The-Counter Bulletin Board in 2004.
SuperCom leverages the increasing demand of secure contactless smart card access control solutions together with multiple applications for governmental and commercial market segments. Our one-stop unified card system provides top functionality, unmatched durability with a ten-year card guarantee, and state-of-the-art security features.



http://www.supercomgroup.com

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SUPERCOM SIGNS $50M NATIONAL MULTI ID AGREEMENT WITH A EUROPEAN COUNTRY

Qadima, Israel, September 19, 2006 - SuperCom, Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a worldwide provider of identification and active RF tracking solutions, today announced that it has signed an approximately $50 million agreement, with a European country, to provide the end-to-end system for a national multi ID issuing and control system.

The 10-year project, which commenced during the third quarter of this year involves the implementation of an end-to-end national ID issuing and control system based on SuperCom’s Magna system and includes the supply of digital enrollment and production equipment, software, maintenance and supply of secured raw material for the production of various National ID cards.

Mr. Eyal Tuchman, SuperCom’s CEO said, “We anticipate this important contract will increase SuperCom’s backlog and revenues for the next 10 years and will further strengthen SuperCom’s comprehensive Magna solution as a technology leader for national ID projects.”

Recently SuperCom announced several additional agreements to supply its Magna end-to-end solution for the production, management and personalization of biometric passports in Asia-Pacific, Europe and other regions.

SuperCom continues to grow its worldwide ID business delivering end-to-end ID and e-ID secured technology that Governments worldwide trust and value.

About SuperCom

SuperCom, Ltd. provides innovative identification and active RF tracking solutions to the government and the commercial sectors. The Company offers a wide range of standard and customized smart-card-based solutions for physical and logical security. It is also a leader in the manufacturing of secure and durable documents such as national identity cards, passports, visas, drivers’ licenses and vehicle registration to improve homeland security, governmental efficiency and document ease of use. Headquartered in Israel, SuperCom has subsidiaries in the US and Hong Kong.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “projects”, “estimates”, “plans”, and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends.

You should consider the areas of risk described under the heading “Forward Looking Statements” and those factors captioned as “Risk Factors” in our periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by us and our businesses generally.


All information in this release is as of September 12, 2006. Except for our ongoing obligation to disclose material information under the federal securities laws, the Company undertakes no duty to update any forward-looking statement to reflect subsequent events, actual results or changes in the Company's expectations.

The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.



Contacts

SuperCom, Ltd

Yaron Shalom
972 889 0800 [e-mail]



The Global Consulting Group
Andrea Priest

Investor Relations
1-646-284-9425 [e-mail]

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City of Los Angeles to Deploy SuperCom's IRMS Mobile Credentialing and Handheld Verification System
Wednesday November 29, 7:02 am ET
America's 2nd Largest City Turns to SuperCom to Address its Mobile Credentialing and Incident Management Requirements


QADIMA, Israel, November 29 /PRNewswire-FirstCall/ -- SuperCom, Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a provider of incident management, active RF and e-ID solutions, today announced that its Virginia based subsidiary, SuperCom Inc., has been awarded an Urban Area Security Initiative contract by the City of Los Angeles to deploy mobile credentialing and verification units for the Los Angeles City Department of General Services-Office of Public Safety, the Los Angeles City Office of Personnel, and the Los Angeles Police Department (Mobile Command Post Unit). The first phase of the deployment will be in Q4 of 2006.
The City of Los Angeles selected SuperCom's Incident Response Management System (IRMS) because of SuperCom's proven expertise and track record in providing services and solutions that will meet LA's needs, and due to the evolving requirements of Federal FIPS 201 credentials.

Commenting on the transaction, Moshe Wolfson, CEO of SuperCom, Inc., said, "We are honored to be awarded this contract by the City of Los Angeles, and by the responsibility it implies for assisting in the security of its citizens. With the signing of this professional services contract, we look forward to sharing our knowledge and experience with these LA agencies." Wolfson added, "This sale demonstrates the City of Los Angeles' intention to remain at the forefront of public safety technology. We will continue to work closely with our partners to provide the most reliable, robust solutions that identify, track, authenticate and communicate with emergency personnel in any situation, and to extend our technologies to improve our overall capabilities."

SuperCom's IRMS solution was selected by Los Angeles due, in part, to its successful deployment by the City of Columbus, Ohio in 2005. For the LA project, SuperCom will partner with CoreStreet, Ltd. which is contributing its PIVMAN handheld reader technology for secure ID checking of credential holders. The PIVMAN system is currently deployed in the National Capital Region by the US Department of Homeland Security and Department of Defense.

"We are excited to work with SuperCom on this important project," said Salvatore D'Agostino, Vice President of Sales of CoreStreet. Together, our companies are delivering technology and solutions that are ideal for the emergency response and recovery market. By working with today's advanced smart credentials, we are able to provide responders with the information necessary to make immediate security decisions with total confidence in any environment."

The system for LA will feature:

- Mobile enrollment and credentialing stations that can be set up at any location, in any condition, to issue smart-card identity to control access or egress from an incident or event site;

- Wi-Fi handheld verification units that can check both proprietary and federally-issued FIPS-201 cards; and

- Command station software that maintains an up-to-the minute visual and photographic record of all identity transactions on scene.

About SuperCom

SuperCom Ltd. provides innovative incident management, active RF and e-ID solutions to the public safety, commercial and government sectors. SuperCom's Incident Response Management System (IRMS) is the industry's most comprehensive mobile credentialing and access control system, as required by Homeland Security and other initiatives. Its Active RF is a complete, cost-effective solution for the continuous tracking of individuals and assets. For more information, visit our website at www.supercomgroup.com.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. You should consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in our periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by us and our businesses generally.

The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community


Contact:

Yaron Shalom
[phone]
[e-mail]






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Source: SuperCom Ltd